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Re: Anvil post# 23080

Wednesday, 06/17/2009 11:46:22 AM

Wednesday, June 17, 2009 11:46:22 AM

Post# of 34414
Thanks for that and you make sense. I'm also happier that the SEC is finally getting off their over-paid buttocks and cracking down on trading companies, be they PINK or otherwise, that are possibly operating fraudulently.

What's worse, to operate under the SEC's wings.

Who the hell cares if PINKS are unregulated, FRAUD is FRAUD and is a CRIME which is CRIMINAL!

Is the "SECURITIES AND EXCHANGE COMMISSION" saying Fraudulent companies are allowed to proceed in fraudulent activities as long as they're not a reporting company?
And that it’s “OK” for investors to be injured by them?

Whether lured or misled by PR's?

Because this is sure as hell how it all appears.

The SEC seems to spend more time and money chasing the dirty coat tails of these frauds than they would otherwise saved by stopping them at the door.

Sure, do your “DD” but why have a fraud company get past the SEC in the first place and then open up to rip off.

If I invest in a company that later failed, I can live with that as I did take a gamble for their success which in all honesty, may not have gone as “INTENDED” and they did at least “TRY” to make it happen. Incurring losses under these conditions, however painful, is acceptable.

But if the company’s failure was the result of having no initial intent to proceed as a business yet alone operate as one, but rather to solely embezzle money from shares sold, then that’s a whole different matter that warrants a whole different reaction.


Unfortunately, most pinks open up to rip-off and makes the SEC in all its glory, the accomplices for allowing securities-crimes to continue under their wing/watch.

So perhaps the SEC should be sued as well?

Should there be a class action lawsuit against the SEC’s clumsiness?

Isn’t it the SEC's job to protect trade securities?

And in today's well advanced computer/tech age, there's NO EXCUSE for companies to exist yet alone proceed without compliance under the care of the SEC, as they’ve had for years, resulting a trails of injured capitals that Uncle Sam ends up footing the bill for when those unfair losses pile up at the desks of the IRS for a Tax Refund or deductions.

If HGLC is not following the BASIC RULES for existence in the market to begin with, then the owners should be tried as criminals.

Finding them should never be difficult. I mean, Someone is collecting the money in exchange for shares sold, are they not?

So Simply follow the money trail of this stock when shares traded, yet alone while listed for trading.

However, if HGLC is so overwhelmed that they're overlooking certain simplicities, then they should proceed with whatever it takes to get it right.

In either case, HGLC has a lot on their plate to come to terms with.

OR this whole thing could turn out for the better.

I mean, no doubt that their trading suspension has attracted a lot of attention.

It’s likely that following the end of the suspension, many already lined up sell orders will triple. Everyone IN may want OUT!

But there will always be buyers (like myself) who may load up on a chunk and file it in the safe for better days/years.

While keeping Tax Form 1099 handy –Wink-Wink!



Maintaining TRUTHS requires 'little to no effort' than Maintaining LIES.